TAMAN TERUS

TAMAN TERUS in Bahagian Bintulu, Sarawak recorded 7 subsale transactions in 2023, with a median price of RM 570K and a median price per square foot (PSF) of RM 272.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 570K, with most transactions falling within a stable range of RM 373K to RM 767K, and a typical market range of RM 384K to RM 756K.

Most transactions involved low-cost house, with moderate diversity in property types available.

The median PSF stands at RM 272, with core pricing between RM 228 and RM 316. Market pricing typically extends from RM 238.25 to RM 305.75, reflecting moderate variation in unit pricing. The spread of RM 67.50 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.